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Prime minister boris johnson said the government will extend furlough payments at 80 to december and for the duration of the new national lockdown.
Government budget deficit graph. 80 per cent of wages will be paid during lockdown boris johnson has announced. Job retention scheme had been due to close at end of october. The scheme which was designed to support businesses amid wide reaching lockdowns had been due to end yesterday 31 october and be replaced by the job.
Oct 31 2020 last updated. The extension of the furlough scheme has been described as a lifeline for workers and businesses facing a tough winter as coronavirus restrictions disrupt economic activity. The furlough scheme officially known as the coronavirus job retention scheme had been due to end today 31 october.
Furlough was due to end on october 31 and be replaced with a new job support scheme instead furlough in more or less its original form has been extended until the lockdown ends on december 2. The furlough scheme also known as the coronavirus job retention scheme has been extended for one month as the uk economy braces for a second lockdown in england due to start on thursday. The furlough scheme will be extended until the end of march the chancellor has announced.
This is in addition to billions of pounds in tax deferrals. The scheme in which employees receive four fifths of their current salary up to a maximum of 2500 of. Extension of furlough scheme in england could have happened earlier critics say uk news published.
The governments extension of much needed furlough payments in england should have happened a long time ago political and business leaders say. Oct 31 2020 it means that pubs cafes restaurants will shut except for takeaway and delivery services.
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